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Buying a Jet
02-23-2014, 11:12 PM
Ya i just read it. I guess more of a "Gringuito's life advice". Or you can post whereever even on the EE forum literally under everything else anything goes? I dunno whatever.
Anyone who owns a fucking Jet deserves their own damn area to give advice i can't believe people are even asking about the cost of a Jet if they can't afford one lol what a crazy world we live in.
Basically if you had a son (maybe you do) i dunno whatever, what advice would you give him? Don't care where it is posted i'll be watching all of your posts from now on.
---
Anyway back to more information on owning a jet some shit that I will never have happen to me but i'll be aggressively refreshing RVF for Gringuito's life advice.
(side note i didnt even bother clicking it because i assumed it would be full of bullshit made up nonsense data then i see gringuitos post and spit all over my keyboard and face palmed myself when everyone was asking for actual info on owning a jet instead of asking for life advice. I guess people are just so certain they are gonna own a jet these days ... ... ... LOL! You guys all know i am messing around but seriously lets at least get one solid long form post if possible, dude is a monster if he can afford a jet.)
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Buying a Jet
02-23-2014, 11:40 PM
Life plan:
_________
2 Years CC --> 2 Years Uni --> Medical School --> Fellowship/Residency, etc. --> Practice in an upper-level specialty --> Patent/Develop a surgical technique, etc. --> Make money--> Grow said money --> Live in luxury
_________
Side income:
Keeping clean --> Working a job--> Investments--> Saving all income--> Applying for Scholarships --> Possibly joining ROTC --> Paying off all costs/debts
_________
My goal is to get through school as quickly as possible with the least debt. That's why I'm trying to make money right now, to apply it towards costs in the foreseeable future. I'm taking it one step at a time, but purchasing a jet is an end goal representing the lifestyle of choice I am pursuing. At this age, most other people are screwing around and wasting time. Everyone tells me to "appreciate the High School experience," basically telling me to get fucked up on the daily while my body can handle it. However, I'm viewing my lackluster youth as a sacrifice towards my future.
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Buying a Jet
02-23-2014, 11:51 PM
Quote: (02-23-2014 11:47 PM)WestCoast Wrote:
Quote: (02-23-2014 11:40 PM)CaliforniaSupreme Wrote:
Life plan:
_________
2 Years CC --> 2 Years Uni --> Medical School --> Fellowship/Residency, etc. --> Practice in an upper-level specialty --> Patent/Develop a surgical technique, etc. --> Make money--> Grow said money --> Live in luxury
_________
Side income:
Keeping clean --> Working a job--> Investments--> Saving all income--> Applying for Scholarships --> Possibly joining ROTC --> Paying off all costs/debts
_________
My goal is to get through school as quickly as possible with the least debt. That's why I'm trying to make money right now, to apply it towards costs in the foreseeable future. I'm taking it one step at a time, but purchasing a jet is an end goal representing the lifestyle of choice I am pursuing. At this age, most other people are screwing around and wasting time. Everyone tells me to "appreciate the High School experience," basically telling me to get fucked up on the daily while my body can handle it. However, I'm viewing my lackluster youth as a sacrifice towards my future.
If this is your plan here are the chances of you ever accumulating enough money to own a jet
zero percent
The only way to real wealth is owning a company and that's not even in your plans until based on your guidelines you are well past 30+.
Think bigger much much much much bigger.
I have only met in person 2 people who own a jet in my entire life. Want to guess their title? Chief Executive Officer.
Give it time. I'm not going to die until I have Dr. in front of my name, M.D. behind it, and a jet in my hangar.
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Buying a Jet
02-23-2014, 11:53 PM
^ not trying to squash your dreams. Go look up the people who actually own these jets, the number of them running a "doctor practice" is nada.
If you're going to create the cure for cancer then yeah you'll own a jet for sure. I am assuming you're already admitted into an Ivy League school/have started a biz if so keep on it.
This thread is a mindfuck. I am just praying gringuito throws up a life advice post the rest of the stuff on here will be al, worth it at that point.
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02-24-2014, 03:19 AM
^^^Theres been more than a few doctors flying their own private jets.
Think of the
Invisalign company. Doctors started it. Its over a mulit-billion dollar company now (Align Tech).
https://www.google.com/finance?q=NASDAQ:...CEkQ2AEwAA
Couple implant guys have def. minted a pretty penny as well. The healthcare field is a heavy racket.
Its not uncommon to make 10x markup on each product.
but I gotta go w/WC, its a long and hard route which isn't conducive to a normal lifestyle.
WIA- For most of men, our time being masters of our own fate, kings in our own castles is short. Even those of us in the game will eventually succumb to ease of servitude rather than deal with the malaise of solitude
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Buying a Jet
02-24-2014, 04:06 AM
I think you'd be better off just buying a plane unless you get to the point where you make so much it no longer matters and it's just a blip on the radar. The reality is even though this forum is geared towards a bachelor lifestyle by the time you have accumulated enough wealth to purchase a jet it's very likely you'll be married with or without children and your priorities will change.
It's like the thousands of guys who dream about owning a Ferrari. These guys probably are the types who buy one before they should. I.e. a guy has a million and goes and buys a 458 Italia. Whereas the truly wealthy are people who wait until they make the really big purchases and just continually make purchases that to them are just a blip.
I'm sure Gringuito probably didn't have the jet when he was worth 5 or 10 million. Perhaps he could've afforded to purchase it and maintain it at that point but it wouldn't have been wise.
I know Dentists, Doctors, Small Business Owners and Lawyers whom own planes. I don't know anyone who owns a jet.
Personally I'd rather have a nice exotic. I don't think I'd ever reach the point where I could rationalize the spending on a jet. There would be so many other things I'd prefer to spend that type of money on.
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02-24-2014, 08:42 AM
Thanks Gringuito, I have a few (likely retard level questions) about running a biz as well but will save it for whatever thread you start.
Treadus - you are missing the point. He stated you need $100M to own a jet. Let's think about this. If you become, even a good doctor, and make $500K per year from the very beginning ($350K after taxes) and you save EVERY PENNY meaning you save $350K per year for life and on top of all of this you get a 10% annual return on your investment you won't have $100M until you are 65 years old.
It is one thing to say you want to be rich but this is like me saying I want $10M dollars and my plan is to work minimum wage for life. Simply not gonna happen and you're either mentally sick or can't do math... As you can see it means both.
@dvy your Invisalign example actually proves his point? They created a product/company.
No one is flying jets by starting a run of the mill doctors practice, you can get a few sticks in the bank but $3-5M versus $100M is not even in the same ball park.
Simply put? No one who owns a jet owns a jet because he wants to show off. They own jets because their time is so valuable that it is worth it. All this translated? You have to be of large value as a person to ever afford/need a jet.
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Buying a Jet
02-24-2014, 11:20 AM
OP, you're still in High School, you should be more focused on working out and hitting some pussy rather than thinking about a jet you could own in 20 years. Nothing wrong with ambition, it just depends on what is fuelling that ambition as to whether it is a positive or negative in your life.
I don't have Jet owner level cash but I do have a fair amount and I'd swap that in a second to be starting out again in high school.
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Buying a Jet
02-25-2014, 12:32 AM
Quote: (02-24-2014 11:20 AM)EuroSlumming Wrote:
OP, you're still in High School, you should be more focused on working out and hitting some pussy rather than thinking about a jet you could own in 20 years. Nothing wrong with ambition, it just depends on what is fuelling that ambition as to whether it is a positive or negative in your life.
I don't have Jet owner level cash but I do have a fair amount and I'd swap that in a second to be starting out again in high school.
I wouldn't be on this forum if I wasn't trying to hone my game or making myself a better person. I'm trying to be rich, educated, ripped, and have pussy clinging onto me harder than an angry cat. More difficult than it sounds.
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Buying a Jet
02-25-2014, 12:57 AM
I'd personally never retire, just because you can continuously make money. Also, retirement is a time when old people prepare to die, basically. I'd like to live as long of a life as possible, so I won't even get into that mindset.
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Buying a Jet
02-25-2014, 12:58 PM
Why are you doing two years of Community College?
Is this a financial move or strategic move?
I thought you were a rich kid you talk of owning Gucci shoes and sporting $5000 watches so I am surprised to hear the CC route.
And yeah, if you can invent and patent medical devices and techniques there is money to be made for sure. Although I could think of less rigorous ways than 10 years of training in order to start out in a field.
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Buying a Jet
02-25-2014, 01:07 PM
Guessing he's doing CC --> transfer to good school (I hope) in order to save money. However, socially he will likely suffer for this; transfer students are most often second class citizens. That being said, he's light years ahead of 95% of his peers in even thinking about this. Hope it all works out but consider that "living in luxury" all depends where you will be living. California or Philippines as just one example...big difference in necessary resources. Also, "living in luxury" is relative...hell, I live in luxury compared to 95% of the world I'd wager. Luxury goods are largely positional...after a certain level of quality, the marginal benefit is minimal...it's all about hierarchy after that.